7   Transfer of other assets, rights or liabilities

(1)  The Minister may direct, by order in writing, and on such terms and conditions as are set out or referred to in the order, that such other assets, rights or liabilities used by or attaching to Hunter Water Corporation Limited for the supply of water, the provision of sewerage and drainage services, the disposal of waste water and associated purposes, and belonging to the State or an authority of the State, as are specified in the order be transferred to the Corporation or to a subsidiary of the Corporation.

(2)  Section 5 applies to that transfer in the same way as it applies to the transfer of Hunter Water Corporation Limited’s business undertaking to the Corporation.